Here’s Why Mairs & Power Growth Fund Added Clearfield (CLFD) to its Portfolio

Mairs & Power, an investment advisor, released the “Mairs & Power Growth Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The stock market was surprisingly calm in the fourth quarter, despite some upheaval domestically and abroad. The market performance drivers in 2024 were mega cap Technology stocks. The fund had another positive year in 2024 and ended with 19.62% gain. The S&P Total Return (TR) was up 25.02%, and the Fund’s peer group, as...